ETF reportAs of 28 November 2025November 2025
The ETFs we track held $308.4bn; the lowest fee to buy the S&P 500 was 0.04% a year, and no fund changed its fee.
Lowest fees, market by market
ASX report dated 28 November 2025- 2ndSPY · SPDR S&P 500 ETFState Street0.0945% a year
- 3rdIHVV · iShares S&P 500 AUD Hedged ETFiShares · Hedged0.10% a year0.10% a yearIHVV · iShares S&P 500 AUD Hedged ETFiShares$3.17bn invested · 0.029% average spreadGo to siteHedged3rd
Index funds and funds backed by the metal that buy one market, ranked by the management fee, a tie going to the narrower average spread; Largest ranks every fund but complex ones by money invested. Past returns are never ranked.
The lowest fee to buy the market
Since July 2020The lowest management fee a year in each month's ASX report, among the funds BankMate holds (before October 2026, those still listed at the end of September 2026); the median index fund charged 0.34% in this one.
Fee changes and new funds
Against the October 2025 report- Quay QGFH · Quay Global Real Estate Fund (AUD Hedged) Active ETFProperty and infrastructure— → 0.92% · Listed by 28 NovListed by 28 Nov— → 0.92%New
- Quay QGRU · Quay Global Real Estate Fund (Unhedged) Active ETFProperty and infrastructure— → 0.88% · Listed by 28 NovListed by 28 Nov— → 0.88%New
- iShares ICME · iShares Credit Income Active ETFBonds— → 0.29% · Listed by 28 NovListed by 28 Nov— → 0.29%New
- Antipodes MIDS · Antipodes Global SMID Active ETFGlobal shares— → 1.20% · Listed by 28 NovListed by 28 Nov— → 1.20%New
- Betashares EXUS · Betashares Global Shares EX US ETFGlobal shares— → 0.14% · Listed by 28 NovListed by 28 Nov— → 0.14%New
- ETF Shares HUGE · ETFS Magnificent 7+ ETFUS shares— → 0.19% · Listed by 28 NovListed by 28 Nov— → 0.19%New
- ETF Shares WWWW · ETFS US Technology ETFUS shares— → 0.29% · Listed by 28 NovListed by 28 Nov— → 0.29%New
- ETF Shares BEST · ETFS US Quality ETFUS shares— → 0.29% · Listed by 28 NovListed by 28 Nov— → 0.29%New
- JPMorgan JEME · JPMorgan EM Research Enhanced IDX EQTY Active ETFAsia and emerging markets— → 0.35% · Listed by 28 NovListed by 28 Nov— → 0.35%New
- iShares IBIT · iShares Bitcoin ETFCrypto— → 0.25% · Listed by 28 NovListed by 28 Nov— → 0.25%New
- Ten Cap TCAP · Ten Cap Alpha Plus Complex ETFAustralian shares— → 0.97% · Listed by 28 NovListed by 28 Nov— → 0.97%New
- Global X J100 · Global X Japan Topix 100 ETFAsia and emerging markets— → 0.40% · Listed by 28 NovListed by 28 Nov— → 0.40%New
- Betashares ECRD · Betashares Enhanced Credit (Geared) Complex ETFBonds— → 0.29% · Listed by 28 NovListed by 28 Nov— → 0.29%New
- iShares AGGG · iShares Core Global Aggregate Bond (AUD Hedged) ETFBonds— → 0.18% · Listed by 28 NovListed by 28 Nov— → 0.18%New
- Data
- The ASX Investment Products report, published each month and dated to the month's last day: each fund's management fee, money invested and average bid/ask spread as the ASX files them. A fee change is dated to the report that first shows it; a fee that moves and moves back a report later is a filing slip and is left out.
- Like for like
- Each fee list holds funds that buy one market, the leaderboard's own rules: no active funds, which don't buy the index, and no complex products (geared, short or built on derivatives). Money invested moves with the market as well as with money put in or taken out.
- Scope
- ETFs on the ASX that BankMate tracks. Editions before October 2026 hold only the funds still listed at the end of September 2026, so a fund that closed before then isn't in them. Methodology · Today's leaderboard
In the ASX Investment Products report dated 28 November 2025, the 412 ETFs BankMate tracks, from 59 issuers, held $308.4bn. The lowest management fee among the 3 S&P 500 ETFs was 0.04% a year (IVV, iShares). Among ETFs holding Australia's largest 200 or 300 companies it was 0.04% (A200, Betashares). The median fee among index funds was 0.34%. The largest fund was VAS (Vanguard Australian Shares Index ETF) with $21.9bn invested. The 398 funds in both this and the October 2025 report held $307bn, against $305.2bn a month earlier, a change that counts market moves as well as money put in or taken out. Against the previous report, 14 funds were listed for the first time.